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The Philippine Competition Act, officially designated as Republic Act No. 10667, is a Philippine law that was signed into law by President Benigno Aquino III on July 21, 2015, and established the quasi-judicial Philippine Competition Commission to enforce the act.
[1] The official website of the Philippine Competition Commission states that a stable, fair playing field is expected to result in greater interest among foreign investors, which in turn would lead to an expansion of the market, and opening global opportunities for companies in the Philippines, big or small. [1]
Fair trade products meet standards like these. Despite positive attitudes toward ethical products such as fair trade commodities, consumers often are not willing to pay higher prices for fair trade coffee. The attitude-behavior gap can help explain why ethical and fair trade products take up less than 1% of the market.
The policy of Garcia, was a response to the impact of free trade and American economic dominance in the Philippines for years following the World War II. It is meant to assert greater Filipino role over the country's economy if not to gain control of it by promoting "Filipino business establishment". [3]
Negros Trade Fair is Manila's longest running provincial trade fair [1] [2] [3] started in 1985 by the Manila-based Negrenses who were moved by the news of poverty among the sugar farm workers in Negros Island. The First Negros Trade Fair was organized at the Makati Carpark at the behest of Bea Zobel from Ayala Land, Inc. with goods coming from ...
The Philippines has signed a free trade deal with South Korea, its president said on Thursday, completing four years of negotiations between the countries on trade and investment ties. Philippine ...
The Laurel–Langley Agreement was a trade agreement signed in December 15, 1954 [1] [2]: 43 between the United States and its former colony the Philippines. It was signed by Senator Jose P. Laurel and James Langley. [2]: 43 The agreement took effect in 1955 after approval from both Philippine Congress and U.S. Congress. [1]
Previously, the Philippines was seen as a trading post for international trade but in the nineteenth century it was developed both as a source of raw materials and as a market for manufactured goods. The economy of the Philippines rose rapidly and its local industries developed to satisfy the rising demands of an industrializing Europe.